A Sense of Drama Stuck between a hard place and a rock, the Republicans finally relented and an agreement concerning the Fiscal Cliff was reached. The issue seems to have been a holdover from the sudden rise of the Tea Party, which during the last administration promoted a nonsensical pledge among Republicans to never agree… Continue reading Fiscal Cliff Nonsense Abates and Economy Continues to Improve
Tag: Auto sales
How False Economic Signals Confuse Investors
Employment Numbers are Still Difficult U.S. Bureau of Labor Statistics: U.S. Unemployment rises slightly to 7.9 Percent in October, U.S. total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in… Continue reading How False Economic Signals Confuse Investors
Politics and Economics are Never Far Apart – The Strength of the USA Economy
Sept 24, 2012 The Telegraph Beijing hints at a bond attack on Japan A senior adviser to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalize the disputed Senkaku/Diaoyu islands in the… Continue reading Politics and Economics are Never Far Apart – The Strength of the USA Economy